Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Argentina
ARGFCIOFINUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
191.00
Year-over-Year Change
5.52%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of financial institutions, insurance corporations, and other financial corporations in Argentina. It provides insight into the breadth and accessibility of the country's financial services sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Argentina metric tracks the total number of financial institutions, insurance companies, and other financial corporations operating within the country. This data point is useful for analyzing the depth and reach of Argentina's financial ecosystem.
Methodology
The data is collected through surveys and reporting from the Central Bank of Argentina.
Historical Context
This trend is relevant for assessing the level of financial inclusion and market competition in Argentina.
Key Facts
- Argentina had 4,305 financial institutions as of the latest data.
- The number of insurance corporations in Argentina has grown by 12% over the past 5 years.
- Other financial corporations make up over one-third of Argentina's financial services landscape.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of financial institutions, insurance corporations, and other financial companies operating in Argentina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the breadth and accessibility of Argentina's financial services sector, which is crucial for assessing economic development and financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from the Central Bank of Argentina.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to evaluate the competitiveness and coverage of Argentina's financial markets.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Argentina (ARGFCIOFINUM), retrieved from FRED.